Steel and Sustainability Go Hand in Hand in ArcelorMittal’s 2017 United States Integrated Report
ArcelorMittal USA is excited to announce the publication of its annual 2017 United States Integrated Report, “Powered by Resilience.” Since 2009, ArcelorMittal has reported on its corporate responsibility and sustainability initiatives in the United States. This third publication of an integrated report continues the company’s dedication to transparency and directly connects ArcelorMittal’s 10 sustainable development outcomes to its business outcomes and financial drivers.
“I am proud of the work our teams have accomplished to emphasize sustainability in all we do. We have never backed down from our commitment to becoming the most sustainable steel company in the world,” said John Brett, president and chief executive officer, ArcelorMittal USA. “This document, and the strategy it details, directly connect the work of our 10 sustainable development outcomes with our operations’ goals and business strategy. We know financial sustainability and corporate responsibility go hand in hand. Maintaining our commitments to our stakeholders is not an option, it’s a requirement.”
Highlights of the 2017 United States Integrated Report include:
- Achieved a .95 lost time injury (LTI) frequency rate, which includes full-time employees and contractors at ArcelorMittal USA LLC facilities, Monessen and AM/NS Calvert. This is a 23 percent improvement over 2016 and its best on record.
- Produced more than 15 million tons of raw steel and invested $246 million for the ArcelorMittal USA business unit and $99 million for joint venture AM/NS Calvert to enhance production capabilities and improve efficiency.
- Contributed $10.6 billion in total economic impact including more than $2.1 billion in employee wages and benefits alone at ArcelorMittal USA LLC facilities and AM/NS Calvert (not including expenses related to active and inactive pension and retiree health care).
- Implemented 36 energy projects with enough energy savings to power 12,400 homes for a year.
- Contributed $8.3 million in total community investment, including cash grants, employee donations and company matching gifts. Approximately half was in support of education, particularly science, technology, engineering and math (STEM).
- ArcelorMittal employees in the United States donated more than 3,550 hours of their time to local nonprofit partners through ArcelorMittal-sponsored volunteer projects and increased skills-based volunteerism in STEM by 22 percent since 2016.
In support of the company’s efforts to minimize its impact on the environment, the 2017 integrated report is available online to all stakeholders. The report can be viewed completely online or downloaded in its entirety as a PDF.
Mary Beth Holdford